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Strategies & Market Trends : New US Economy Policy

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To: Sonki who wrote (25)4/7/1997 8:55:00 AM
From: Arthur Tang   of 435
 
Thank you, Sonks

No action should be expected, unless FEDS are run by a mad man. Who is trying to destroy this economy by bombing Pearl Harbor. Major businesses will all reduce borrowings.

New money still should be invested in growth and on companies with no borrowings. But Banks are already paying 0.25% more on overnight discount rate; which is 5% more gross to FEDS. 5% more on several billion dollars overnight loans is a lot of money.

Call your congressmen and senators, to amend the FEDS franchise to regulate interest rate only with the approval of congress, both houses. And get our taxation without representation removed, before a revelution begins.
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